Auditing

audit time
When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses
The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.
audit time

money magnifying glass
TrueUSD Stablecoin to Add 'Real Time' Monitoring of Dollar Backing
TrustToken has announced a new partnership that it says will allow a "real-time" view of the U.S. dollars backing its TrueUSD token.
money magnifying glass

Dollars
Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report
Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.
Dollars

bills
All 'Big Four' Auditors to Trial Blockchain Platform for Financial Reporting
The world's four biggest auditing firms will join 20 banks to trial a blockchain service for validating public companies' financial reports.
bills

EY
CFO Boost? EY Predicts Blockchain Could Change C-Suite Role
"Big four" professional services firm EY says that blockchain could transform its finance operations and redefine the role of chief financial officer.
EY

audit-pen-chart
Northern Trust, PwC Launch 'Instant' Blockchain Audits
Rather than waiting for periodic reports, auditors of private equity funds on Northern Trust's blockchain will get the data almost immediately.
audit-pen-chart

Split
Tether Confirms Its Relationship With Auditor Has 'Dissolved'
The statement, provided Saturday evening, confirms the suspicions of online sleuths and is likely to raise new questions about the company's finances.
Split

Audit
XBRL Reporting Standard Co-Founder Joins Blockchain Startup
Blockchain startup Auditchain has added the co-founder of a widely used business reporting standard to its leadership team.
Audit

(Moreimages/Shutterstock)
US Audit Watchdog: DLT Could Disrupt Financial Reporting
Technologies like blockchain are changing the face of auditing, according to a senior official of an oversight board created by the US Congress.
(Moreimages/Shutterstock)